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AnishBadwe

Trend Reversal within trading range in NEPT!?

Long
AnishBadwe Updated   
TSX:NEPT   None
Trend Analysis Chart Patterns Technical Indicators S&P/TSX Composite tsxv canada canadastock reversal Bullish Patterns
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trendanalysis chartpattern indicator tsx tsxv canada canadastock reversal bullish
We see a potential reversal in TSX:NEPT indicated by a bullish hammer at its lower bollinger band AND also at a long held support level!

I see TSX:NEPT working its way up to its resistance level at least. Hopefully it can break through the trading range.

TSX:NEPT can be a very volatile stock as indicated by the Average True Range, so buy in very carefully.

Comment:
NEPT reversed mid-day but recorded a much higher lower.
Monday's performance is hard to predict.
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